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20121112
20121120
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for nancy pelosi. she will announce tomorrow morning at 7:00 a.m. our time whether she will continue as minority leader. some insiders believe it will h republicans president obama if the 72-year-old congresswoman is not in the picture. meantime president obama scheduled his first news conference since the election. abc news will carry it live 10:30 a.m. our time. >>> well, three oakland police officers were reunited with a baby boy that they helped deliver on friday. know land -- noland shell miller is named after oakland's noland park, the spot where he was born. his father pulled in and asked for help as nolan's mother went into labor. this is surveillance video. nolam's mother gave birth in the family's suv with the help of police. now four days old noland was introduced to the officers and they gave him his first teddy bear. how sweet is that? >>> let's turn your attention to the weather forecast as we hit midweek. sand jaw patel is -- sandhya patel is back. >> it is a sweet looking forecast for midweek. let's show you the sunset. thisth is what noland came into. you can see the
, but it is not clear if lawmakers can return to washington and work together. congresswoman nancy pelosi spent the day mixing and mingling at the presidio. but fixing the country's finances was on her mind. >> we have a deficit we have to deal with. we have to do it with growth and the creation of jobs. we have to dos.t with cuts. we all know that, but we have t.o. do it with revenue. >> reporter: she will be returning to capitol hill pushing a deal backed by barack obama. that will include tax hikes on wealthier households. republicans who still control the u.s. house of represenve started to dig in. >> raising tax rates will slow down our ability to crow 80 the jobs everybody wants. >> reporter: what are the consequences if law i can makers cannot make a deal. >> the fiscal clip is very bad if it happens. it means we could have a huge recession next year. >> reporter: if scheduled budget cuts are imposed an estimated 400 government jobs could be slashed and about 400,000 jobs tied to nondefense spending would be eliminated. when it comes to taxes, all tax rates are schedule to rise. >> at one p so i
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